CPPCC member calls for establishing 'Carbon Trading Center for Asia' in HK

Special: 2022 Two Sessions

(ECNS) -- A "Carbon Trading Center for Asia" should be established in Hong Kong to help develop green finance, member of the Chinese People's Political Consultative Conference (CPPCC) from the Hong Kong Special Administrative Region suggested in an interview with China News Service on Saturday.

By establishing the "Carbon Trading Center for Asia" in Hong Kong, the region's high-degree internationalization advantage can be fully utilized, said Chen Qingxia, also honorary president of HKCPPCC Members Association.

The carbon economy system in the Great Bay Area needs to be built via in-depth cooperation with China's Guangdong Province to better address China's "dual carbon" goals -- carbon peaking and carbon neutrality, Chen suggested.

It is highly possible to establish and improve the carbon economic system in the Greater Bay Area by taking advantage of favorable conditions, Chen said.

Investors attracted to the Great Bay Area will help China achieve its "Carbon neutrality" goal, Chen noted.

(Reporter: Zhang Daozheng)